Cognex

CGNX

Market cap $10.8B

Here is how Cognex Corporation (CGNX) and Applied Materials (AMAT) have performed compared to their sector so far this year.

Does Cognex Corporation (CGNX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Cognex Corporation is a top U.S. machine vision leader, now trading at 4-year highs and outperforming peers and the broader market. CGNX's strategic pivot—expanding its customer base, and launching the OneVision cloud platform, positions it for accelerated 9-11% revenue CAGR through FY28 and as a key facilitator of industrial AI in the Western markets. EBITDA margins have surged, with Q1 at 26.9% (+1,000 bps YoY), and guidance points to further margin expansion (potentially closer to 32%) and sustained >100% FCF conversion.

The artificial intelligence trade is getting tested by the bears. But this AI stock is finding support as it flirts with an entry.

As the industrial automation trend continues, the best near-term plays for investors are in machine vision, an analyst says.

In 2000, a “robot” mostly meant a caged arm bolted to a car line, repeating one welded seam. Most could not see, none could leave their cells unsupervised, and a full installation ran into six figures.

Does Cognex Corporation (CGNX) have what it takes to be a top stock pick for momentum investors? Let's find out.

BMA, TX, DK, CGNX and LFUS have been added to the Zacks Rank #1 (Strong Buy) List on June 17, 2026.

NATICK, Mass., June 16, 2026 /PRNewswire/ -- Cognex Corporation (NASDAQ: CGNX), the global technology leader in industrial machine vision, announced that CEO Matt Moschner will participate in the opening keynote, "The State of the Automation Industry: Leadership Roundtable," at Automate 2026, North America's largest robotics and automation event.

Cognex maintains a leadership position in the high-growth machine vision and factory automation market. Power Integrations provides essential high-voltage semiconductors that improve energy efficiency across diverse electronic applications.